Cost of living in Yongin
Yongin, a vibrant city in South Korea, offers a unique blend of modern living and cultural heritage. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses in Yongin, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5.69 on average, with a range between $5.55 and $9.25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $24.91, with prices ranging from $21.35 to $53.37.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.69, with a consistent price across the board.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.21 to $4.98, imported beer $2.85 to $7.12, cappuccino $2.85 to $4.63, and Coke/Pepsi $1.28 to $2.21.
Grocery Prices
- Milk - Milk is priced between $1.42 and $2.13 per liter, averaging $1.93.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.85 and $5.69, with an average price of $1.42.
- Eggs (Dozen) - A dozen eggs range from $1.99 to $3.25, averaging $2.52.
- Fruits (e.g., Apples, Oranges) - Apples cost $7.12 to $14.23 per kg, while oranges range from $2.13 to $7.12 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $3.56 and $5.69 per kg, and lettuce costs $1.07 to $2.13 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs approximately $0.93.
- Fuel (Gasoline) - Gasoline is priced between $1.14 and $1.21 per liter.
- Taxi Fares - Taxi fares start at $2.35, with a cost of $0 per km and $0 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided.
- Buying Price per Square Meter (City Centre) - Data not provided.
- Buying Price per Square Meter (Outside Centre) - Data not provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $106.75 and $177.91, averaging $145.89.
- Internet - Internet services range from $21.35 to $28.47, with an average cost of $23.72.
Cost of Living Rankings
The cost of living indices for South Korea are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in South Korea, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Yongin offers affordable dining options, with inexpensive meals and fast food being particularly budget-friendly.
Grocery prices vary, with some items like bread and milk being quite affordable, while others like local cheese and apples can be more expensive.
Transportation costs are low, especially for public transport, making it an economical choice for getting around the city.
Utilities are reasonably priced, contributing to a moderate overall cost of living in Yongin.
Conclusion
In conclusion, Yongin presents a balanced cost of living with affordable dining and transportation options.
While some grocery items and utilities are reasonably priced, potential residents should consider the variability in housing costs, which were not detailed in this overview.
Overall, Yongin is an attractive option for those seeking a cost-effective lifestyle in South Korea.